Keanu Reeves to star in a fourth The Matrix movie

Bend your spoons and shelve your pills, folks: The Matrix 4 is officially in development with Keanu Reeves, Carrie-Anne Moss, and original director Lana Wachowski all set to return. Wachowski is also co-writing with Aleksandar Hemon and David Mitchell.

Warner Bros. Picture Group chairman Toby Emmerich has confirmed that fans will finally get to plug back into the Matrix and enjoy a long-awaited fourth installment in the Keanu Reeves-led franchise.

It is time to enter "The Matrix" for the fourth time.

Matrix 4 is in production, Warner Bros. Wachowski famously wrote and directed the first three films with sister Lilly, who doesn't seem to be returning at this point. After years of rumors and tales of reboots and a revolving door of talented folks all taking a crack at this iconic and mind-bending universe, the new film will return to where it all began.

Since the original trilogy, the Wachowskis have had a number of commercial disappointments, including Speed Racer, Cloud Atlas and Jupiter Ascending.

"Many of the ideas Lilly and I explored 20 years ago about our reality are even more relevant now", added Wachowski.

"I'm very happy to have these characters back in my life and grateful for another chance to work with my brilliant friends", said Wachowski in a statement to ET Canada. The sci-fi flick went on to inspire two sequels, The Matrix Reloaded and The Matrix Revolutions, both of which are maligned by many fans of the original.

Earlier this summer, Reeves took Lionsgate's John Wick franchise to a new height at the box office with John Wick Chapter 3: Parabellum earning $321.3M worldwide, $170.7M domestic. This news comes to us via Variety.

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